Nunn Syndication Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 02747412

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		2,466		3,699

			2,466		3,699
CURRENT ASSETS
Debtors	6	1,865		1,564
Cash at bank and in hand		4,424		6,070

		6,289		7,634
Creditors: Amounts Falling Due Within One Year	7	(139,465 )		(123,730 )

NET CURRENT ASSETS (LIABILITIES)			(133,176 )		(116,096 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(130,710 )		(112,397 )

NET LIABILITIES			(130,710 )		(112,397 )

CAPITAL AND RESERVES
Called up share capital	8		20,010		20,010
Profit and Loss Account			(150,720 )		(132,407 )

SHAREHOLDERS' FUNDS			(130,710)		(112,397)

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

R Nunn

Director

24th September 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Nunn Syndication Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02747412 . The registered office is Saxon House, 27 Duke Street, Chelmsford, CM1 1HT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The business is financially supported by the directors.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Photographic Library is amortised over its estimated economic life of 20 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20 - 50% Straight line
Computer Equipment	33.33% Straight line

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	84,525

As at 31 December 2024	84,525

Amortisation
As at 1 January 2024	84,525

As at 31 December 2024	84,525

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

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Nunn Syndication Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	7,428	7,297	14,725

As at 31 December 2024	7,428	7,297	14,725

Depreciation
As at 1 January 2024	7,428	3,598	11,026
Provided during the period	-	1,233	1,233

As at 31 December 2024	7,428	4,831	12,259

Net Book Value
As at 31 December 2024	-	2,466	2,466

As at 1 January 2024	-	3,699	3,699

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	882	370
Other debtors	983	1,194

	1,865	1,564

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	449	949
Bank loans and overdrafts	924	-
Other creditors	138,092	122,781

	139,465	123,730

8. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
18,009 Ordinary A shares of £ 1.00 each	18,009	18,009
2,001 Ordinary B shares of £ 1.00 each	2,001	2,001

	20,010	20,010

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Nunn Syndication Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Ms Aasta Nunn	(106,600 )	-	(12,332 )	-	(118,932 )
Mr Robin Nunn	(12,835 )	-	(2,839 )	-	(15,674 )

The above loan is unsecured, interest free and repayable on demand.

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